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Letter from the HFTP Global President: At the End of the Year, We Reflect on the Best of the Year

Members Only: 2018 HFTP Compensation and Benefits Report

By Tanya Venegas, MBA, MHM, CHIA. Results to the biannual survey conducted by Hospitality Financial and Technology Professionals (HFTP). Information includes data on compensation and benefits trends for finance and technology professionals in the club and lodging industries.

IT Spending in the Lodging Industry Three-year Analysis: 2015–2017

By Agnes DeFranco, Ed.D., CHAE; Arlene Ramirez, CHE, CHAE; and Tanya Venegas, MBA, MHM, CHIA. PART II: An analysis of IT spending data in the lodging industry based on reporting in the new USALI Schedule 6 — Information and Telecommunications Systems.

Consolidation among hotel groups, a slowdown in the alternative accommodations space and airline websites selling hotel inventory were trends seen in 2018 that will continue into 2019. As the year comes to an end, Hotelbeds is sharing insights on those topics and more in its review of 2018 and forecast for 2019.

SunExpress is enabling customers to search for and book flights via Amazon Alexa.
The Germany-based airline is using technology from InteRES to enable the service which also allows customers to pay via Amazon Pay.

Many years in the making, the online tours, activities and experiences category finally started heating up in 2018.
Major online travel companies including Booking.com, Expedia, TripAdvisor and Airbnb have assembled large teams and made significant acquisitions in the space, while private companies including GetYourGuide ($170 million), Klook ($296 million) and Tiqets ($45 million) have raised large rounds of funding.

Founded in 2017, Travel Ads Network uses machine learning to know which brand and product will convert best based on publishers' traffic and brands' conversion data sets. Partners include Expedia, Booking.com and Klook.

Artificial intelligence applications that are currently being used in the travel and hospitality industries boast a myriad of benefits - from booking flights and hotels to organizing a traveler’s itinerary or suggesting places to visit - all through the platform of your choice.